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Economy

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TexasTowelie

(120,199 posts)
Mon Apr 29, 2024, 10:37 PM Apr 2024

USA Bank Collapses - FDIC Closes Republic First as USA Interest Rates Claims First Financial Victim - Joe Blogs [View all]



Republic First Bank has collapsed into Insolvency becoming the first official financial victim of the rapid rise in interest rates in the USA over the past 18 months. In this video I provide more details on the collapse and discuss the possibility of more bank failures in 2024.

Chapters:
0:00 Intro
2:15 FIRST REPUBLIC COLLAPSE
4:31 REASONS FOR FAILURE
12:05 FAILED BAILOUT
13:25 AUDITORS
15:05 USA BANK FAILURES
16:40 SUMMARY & CONCLUSION
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